A study by Consumer Reports showed that 62% of supermarket shoppers believe supermarket brands to be as good as national name brands. To investigate whether this result applies to its own product, the manufacturer of a national name-brand ketchup asked a sample of shoppers whether they believed that supermarket ketchup was as good as the national brand ketchup. a. Formulate the hypotheses that could be used to determine whether the percentage of supermarket shoppers who believe that the supermarket ketchup was as good as the national brand ketchup differed from 62%. Ho: p-Select your answer - Ha: p - Select your answer b. If a sample of 100 shoppers showed 51 stating that the supermarket brand was as good as the national brand, what is the p-value (to 4 decimals)? c. At a = 0.05, what is your conclusion? p-value - Select your answer - ✓ Ho

MATLAB: An Introduction with Applications
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The first two select your answers have the following options:

greater than or equal to 0.62

greater than 0.62

less than or equal to 0.62

less than 0.62

equal to 0.62

not equal to 0.62

A study by Consumer Reports showed that 62% of supermarket shoppers believe supermarket
brands to be as good as national name brands. To investigate whether this result applies to its own
product, the manufacturer of a national name-brand ketchup asked a sample of shoppers whether
they believed that supermarket ketchup was as good as the national brand ketchup.
a. Formulate the hypotheses that could be used to determine whether the percentage of
supermarket shoppers who believe that the supermarket ketchup was as good as the national brand
ketchup differed from 62%.
Ho: p - Select your answer -
Ha: p - Select your answer -
b. If a sample of 100 shoppers showed 51 stating that the supermarket brand was as good as the
national brand, what is the p-value (to 4 decimals)?
c. At a = 0.05, what is your conclusion?
p-value - Select your answer -
Ho
Transcribed Image Text:A study by Consumer Reports showed that 62% of supermarket shoppers believe supermarket brands to be as good as national name brands. To investigate whether this result applies to its own product, the manufacturer of a national name-brand ketchup asked a sample of shoppers whether they believed that supermarket ketchup was as good as the national brand ketchup. a. Formulate the hypotheses that could be used to determine whether the percentage of supermarket shoppers who believe that the supermarket ketchup was as good as the national brand ketchup differed from 62%. Ho: p - Select your answer - Ha: p - Select your answer - b. If a sample of 100 shoppers showed 51 stating that the supermarket brand was as good as the national brand, what is the p-value (to 4 decimals)? c. At a = 0.05, what is your conclusion? p-value - Select your answer - Ho
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